Press release
Wireless Router Market 2021 Analysis by Top manufacturers- D-Link Corporation, Belkin International Inc., TP-Link Technologies Co. Limited, Netgear Inc., Huawei Technologies Co. Limited
The Wireless Router Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The wireless router market was valued at USD 9751.88 million in 2019, and it is expected to reach USD 15,442.6 million by 2025, at a CAGR of 8.4%, over the forecast period, 2020 - 2025.
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Competitive Landscape:
Top Companies: D-Link Corporation, Belkin International Inc., TP-Link Technologies Co. Limited, Netgear Inc., Huawei Technologies Co. Limited, ASUSTeK Computer Inc., Xiaomi Inc., Mercury-PC, Buffalo Americas Inc., Edimax Technology Co. Limited, Amped Wireless
Industry News and Updates:
- Jan 2020 - Netgear Inc. introduced 4G LTE ORBI Tri-band mesh Wi-Fi router. ORBI 4G LTE can also be combined with the existing wired service to create an internet connection, that is backed up by 4G LTE, in case of a wireline service disruption. Moreover, Netgear Armor, a cybersecurity solution, can be used with ORRBI Mesh Wi-Fi Systems to protect all internet-connected devices at home from viruses, malware, stolen passwords, identity theft, and hacking.
Key Market Trends:
- Globally, the United States is one of the most mature markets for fixed broadband internet connections. By 2017, it was estimated that nearly 95.84 million people had fixed broadband connections. Furthermore, it was determined that almost 85.63% of the population had access to networks capable of speeds of 100 Mbps, depicting the need for high-band routers (as of 2017).
- The presence of major technological giants, such as Cisco, D-Link, and TP-Link, coupled with the high adoption of technological trends in the country, aided the market for wireless routers. Moreover, the fixed broadband market is mature. It is nearing saturation, with more than three out of every four US households anticipated to have a fixed broadband connection by the forecast period.
- Consumer demand for fixed broadband access is expected to record sluggish growth. However, due to the impact of mobile broadband services, it was estimated that over the forecast period, more than 3.3 million fixed broadband subscriptions will be added. Furthermore, the increasing adoption of smart homes, with 30 million US households, is also favoring the conditions for wireless routers.
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What are the market influences that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Wireless Router Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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